Research Has Shown That People Tend to Have A(n)________ to Value

question 185

Multiple Choice

Research has shown that people tend to have a(n) ________ to value information advice for which they have paid over free advice of equal quality.

• A)insight bias
• B)interpretation bias
• C)insight forgiveness
• D)cognitive bias
• E)confirmation bias

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Definitions:

Selective optimization

A strategy of maximizing performance in certain areas while compensating for declines or limitations in others.

Compensation

A process that contributes to successful development. When a loss of some kind prevents the use of one means to an end, the individual finds another means.

Well-being

A general state of health, happiness, and satisfaction with one’s life.

Environmental mastery

The ability to effectively manage and manipulate one's surrounding environment to meet personal needs and goals.